KSL Capital Partners swoops for Malmaison and Hotel du Vin

THE Malmaison hotels group has been sold to US private equity firm KSL Capital Partners.

The sale, for an undisclosed sum, includes 27 Malmaison and Hotel du Vin hotels.

The group has a Malmaison hotel in Leeds and Hotel du Vin properties in Harrogate and York.

In a statement KSL said it was planning to “invest significantly” in the existing portfolio and the growth of both brands.

Malmaison chief executive Gary Davis said: “Despite the wider challenging economic climate, we are proud of the strong operational and financial position that the hotels currently enjoy. Building on these foundations, we look forward to taking the dynamic brands onward into a period of exciting growth over the coming years.”

Deloitte was appointed administrator to Malmaison’s parent company MWB Group in November but the hotels have been unaffected by the insolvency.